Hi
my wife was left a Spanish property worth approximately €200,000 by her father.
The property is located in La zenia which is in the Valencia region.
She does not have a NEIS.
Does anybody know the rate of taxation she will have to pay if any? Is there an initial tax free sum allowed.?
Would having a NEIS reduce this tax burden.?
Any other useful information?
Thank you for your help.
Death Tax, Alicante Region
Bcfb
04 February 2021 01:22:32
2
Johncar
04 February 2021 13:32:00
1410
I understand pretty well the inheritance tax in andalucia but each Region has it's own rules
I suggest you try an Internet search with ‘inheritance tax Valencia'.
I found several sites which appeared to answer such questions.
Subscribe to this topic
Articles to help you in your expat project in Valencia
Taxes in Spain
If you are a foreigner living in Spain for more than 183 days in a calendar year, you are classed as a resident ...
Paying tax in Spain
UK tax payer – but now living in Spain full time?
Tax in Alicante : Get to know SUMA
Get to know SUMA
Working in Tenerife
Are you looking for a job in Tenerife? While there are certainly opportunities, especially for fluent Spanish ...
Internet in Spain
Whether for work or play or keeping in touch with friends and relatives abroad, getting online will most likely be ...
Working in the Canary Islands
The Canary Islands is Spain's southernmost autonomous community, an archipelago in the Atlantic Ocean, more ...
Open a bank account that suits you
Discover the best international banks to manage your money securely.
"